Compare Coinbit vs LBank
On this page, you can compare Coinbit with LBank. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.
At the end of this page, you can see our final ratings for both exchanges.
In the table below you can see general information on both exchanges. Coinbit was founded in 2018 in South Korea. LBank was founded in 2016 in China.
When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is LBank. At the same time, newer projects may be more technologically advanced.
You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.
Coinbit is Centralized and LBank is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Coinbit has a mobile app available for iOS and Android. LBank has a mobile app available for iOS and Android.
Coinbit has 3 languages available, including English, Korean and Vietnamese. LBank has 3 languages available, including English, Korean and Chinese.
| Company | ||
|---|---|---|
| User rating | 1 user review | 6 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 1 user review | 6 user review |
Cryptogeek rating
Trust Score
How it worksAbout
|
Coinbit exchange was established in South Korea in 2018 and is mainly focused on the national market. Coinbit provides trading with crypto assets paired against Korean Won, BTC, ETH and USDT.
|
LBank was founded in Hong-Kong in 2016. It focuses on Asian markets and offers mostly crypto-to-crypto spot trading, but also works with fiat: not only US dollars (USD) but also Chinese Yuan (CYN). What’s more, traders can use their bank accounts directly to deposit or withdraw. There are also over 40 cryptocurrency pairs.
|
Founding Date
| 2018 | 2016 |
Country
| South Korea | China |
Type
| Centralized | Centralized |
Languages
| English, Korean, Vietnamese | English, Korean, Chinese |
Mobile app
| iOS, Android | iOS, Android |
Full address
| No data | Unit 04, 7/F, Bridght Way Tower, No.33 Mong Kok Road, Kowloon HK |
Fees
| No data |
Maker fee: +0.1% Maker: Pending orders to increase market depth Taker fee: +0.1% Taker: Limit orders, market orders, stop orders and forced liquidation orders for immediate closing Full fee schedule: https://www.lbank.info/fees.html |
| About |
Coinbit exchange was established in South Korea in 2018 and is mainly focused on the national market. Coinbit provides trading with crypto assets paired against Korean Won, BTC, ETH and USDT.
|
LBank was founded in Hong-Kong in 2016. It focuses on Asian markets and offers mostly crypto-to-crypto spot trading, but also works with fiat: not only US dollars (USD) but also Chinese Yuan (CYN). What’s more, traders can use their bank accounts directly to deposit or withdraw. There are also over 40 cryptocurrency pairs.
|
|---|---|---|
| Founding Date | Founding Date 2018 | Founding Date 2016 |
| Country | Country South Korea | Country China |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Korean, Vietnamese | Languages English, Korean, Chinese |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address No data | Full address Unit 04, 7/F, Bridght Way Tower, No.33 Mong Kok Road, Kowloon HK |
| Fees | Fees No data |
Fees
Maker fee: +0.1% Maker: Pending orders to increase market depth Taker fee: +0.1% Taker: Limit orders, market orders, stop orders and forced liquidation orders for immediate closing Full fee schedule: https://www.lbank.info/fees.html |
Trading
Coinbit trading volume is 43,641,047.0. The exchange has 55 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
LBank trading volume is 908,146,825.0. The exchange has 110 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
Please note: The bigger number of available trading pairs provides you with more trading opportunities, but may cause technological shortcomings at the same time.
Volume
| 43641047 | 908146825 |
Pairs
| 55 | 110 |
Coins
| 58 | 96 |
Fiat trading
| - | - |
Deposit
| Depends on currency and volume | Free |
Fees
| Transaction Mining | Percentage |
Margin
| - | - |
| Volume | Volume 43641047 | Volume 908146825 |
|---|---|---|
| Pairs | Pairs 55 | Pairs 110 |
| Coins | Coins 58 | Coins 96 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Depends on currency and volume | Deposit Free |
| Fees | Fees Transaction Mining | Fees Percentage |
| Margin | Margin - | Margin - |
Safety
Two factor authentication
Verified
| Unverified | Unverified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Unverified | Verified Unverified |
Social
Website
| www.coinbit.co.kr | www.lbex.pro |
| @coinbit_coinbit | @LBank_Exchange |
Number of followers
| 12500 | 9314 |
| Website | Website www.coinbit.co.kr | Website www.lbex.pro |
|---|---|---|
| Twitter @coinbit_coinbit | Twitter @LBank_Exchange | |
| Number of followers | Number of followers 12500 | Number of followers 9314 |
Rating
| User rating | 1 user review | 6 user review |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Coinbit user rating is 4, based on 1 user reviews. LBank user rating is 1.7, based on 6 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each exchange.
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
|---|
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
On this page, you can compare Coinbit with LBank. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.
At the end of this page, you can see our final ratings for both exchanges.
In the table below you can see general information on both exchanges. Coinbit was founded in 2018 in South Korea. LBank was founded in 2016 in China.
When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is LBank. At the same time, newer projects may be more technologically advanced.
You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.
Coinbit is Centralized and LBank is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Coinbit has a mobile app available for iOS and Android. LBank has a mobile app available for iOS and Android.
Coinbit has 3 languages available, including English, Korean and Vietnamese. LBank has 3 languages available, including English, Korean and Chinese.